Common Stock Purchase Agreement with B. Riley Principal Capital II, LLC
Company: Core Scientific
The claim, verbatim
Entered into Common Stock Purchase Agreement with B. Riley Principal Capital II, LLC on July 20, 2022, giving Core Scientific the right to sell up to $100 million of common stock over a 24-month period starting from Commencement. As consideration for B. Riley's commitment, Core Scientific issued 573,381 Commitment Shares and reimbursed $75,000 of B. Riley's legal fees.
Source (primary)
Core Scientific 8-K filed 2022-07-21 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company will have the right to sell to B. Riley, up to $100,000,000 of shares of the Company's common stock... from time to time at the Company's sole discretion over the 24-month period beginning on the date the Commencement occurs... the Company issued 573,381 Commitment Shares to B. Riley. In addition, the Company reimbursed $75,000 of reasonable legal fees and disbursements of B. Riley's legal counsel”
How we checked this
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Additional evidence
confirms Core Scientific 8-K filed 2022-07-21
Quote: “the Company will have the right to sell to B. Riley, up to $100,000,000 of shares of the Company's common stock... from time to time at the Company's sole discretion over the 24-month period beginning on the date the Commencement occurs... the Company issued 573,381 Commitment Shares to B. Riley. In addition, the Company reimbursed $75,000 of reasonable legal fees and disbursements of B. Riley's legal counsel”